European markets close mixed; mining stocks fall 2.6% after China announces growth target
Publishing timestamp: 2023-03-06 11:53:57
Summary
European stock markets closed flat Monday, after paring modest early-session gains. Mining stocks dropped 2.6% to lead losses, while travel and leisure stocks were up 1.8%. U.S. stocks were higher in early trade as Wall Street looked ahead to week filled with economic data and latest commentary from Federal Reserve. Major Credit Suisse shareholder Harris Associates sold its stake in Swiss Bank in recent months. UBS raised its growth forecast for China in 2023 from 4.9% to 5.4%, while Goldman Sachs has this year added number of stocks to its conviction list. European markets are heading for positive start to new trading week.
Sentiment: NEUTRAL
Tickers: .FTMIB, .STOXX, .FTSE, AAL-GB, .FCHI, GS, CSG.N-CH, RIO-GB, .GDAXI, 0I4P-GB,
Keywords: rio tinto plc, stoxx 600, business news, united states, jerome powell, credit suisse group ag, anglo american plc, china, breaking news: europe,
Source: https://www.cnbc.com/2023/03/06/european-markets-live-updates-stocks-data-news-and-earnings.html